- Investors are bidding up select electric vehicle startup stocks for the second day in a row.
- Notable gainers include Canoo (GOEV +12.0%), Lordstown Motors (RIDE +5.9%), Fisker (FSR +4.5%), Nikola (NKLA +3.8%), GreenPower Motor Company (GP +3.0%) and Faraday Future Intelligent (FFIE +3.0%).
- On the supplier side, battery specialist QuantumScape (QS +4.0%) is also solidly higher again as sentiment stays bullish.
- Perhaps a factor in today's action, Elon Musk said the global chip shortage is just a 'short-term' problem in public comments today.